Tuesday, November 13, 2018
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Troubled Bagyenda Dropped From Financial Intelligence Authority Board

The former executive director Bank of Uganda in charge of supervision, Justine Bagyenda (in featured photo), has been excluded from the new board of the Financial Intelligence Authority.

Bagyenda was scheduled to appear before the Appointments Committee of parliament in September for vetting but she skipped the event.

She claimed that she had been abroad but records later indicated that she was in the country. She had reportedly been given another opportunity to appear but she did not turn up.

Sources have now told us that as a result, her name does not appear on a new list of FIA board members who are scheduled to take an oath.

The list includes Grace Akullo, the head of the Criminal Investigations Department (CID), Patricia Mutesi, Leo Kibirango, the board chairman and Patrick Ocailap, the deputy secretary to the Treasury.

Bagyenda’s woes began after a whistleblower petitioned the IGG claiming she had stashed away Shs 19 billion on three different bank accounts. The ombudsman started an investigation which is still ongoing.

Credit: The Nile Post

 

 

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